Keefe, Bruyette & Woods lowered their price objective on shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) from $24.00 to $22.50 in a research note issued on Thursday, Stock Ratings News reports. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 17.74% from the stock’s previous close.
Separately, analysts at Zacks upgraded shares of American Capital Mortgage Investment Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, August 8th. They now have a $20.20 price target on the stock. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $23.37.
American Capital Mortgage Investment Corp. (NASDAQ:MTGE) traded down 1.65% on Thursday, hitting $19.11. The stock had a trading volume of 783,233 shares. American Capital Mortgage Investment Corp. has a 52-week low of $16.01 and a 52-week high of $26.71. The stock has a 50-day moving average of $20.26 and a 200-day moving average of $20.72. The company has a market cap of $1.071 billion and a price-to-earnings ratio of 7.48.
American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last released its earnings data on Thursday, October 31st. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by $0.53. During the same quarter in the previous year, the company posted $1.33 earnings per share. On average, analysts predict that American Capital Mortgage Investment Corp. will post $3.23 earnings per share for the current fiscal year.
American Capital Mortgage Investment Corp. was formed to invest in and manage a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other mortgage-related investments.
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